California senator slams OpenAI’s opposition to AI safety bill
As the debate over SB 1047 intensifies, Wiener remains steadfast in his support for the bill, which he believes is a necessary step toward responsible AI governance.
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Crypto ownership has nothing to do with distrust in fiat: BIS study
Cryptocurrency owners are “generally more educated than the average,” according to a new study by the Bank for International Settlements. 207 Total views 1 Total shares The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying to dispel the theory that cryptocurrency ownership is…

New Research Shows Massive Internet Spying, Several Crypto Sites Listed
A mammoth global spying and data theft effort currently leaves web surfing citizens at risk, with several Bitcoin and crypto domains included in the mix, according to research from Awake Security. At the heart of the problem — a web domain registration company named CommuniGal Communication, or GalComm. "Of the 26,079 reachable domains registered through GalComm, 15,160…

Corona, Budweiser Owner’s Investment Arm Backs Blockchain ID Startup
United States-based blockchain identity startup BanQu announced that it closed an extension of its series A funding round led by multinational drinks and brewing company Anheuser-Busch InBev’s investment arm. The development was announced in a post on June 6.Per the announcement, the undisclosed amount of funds have been raised by ZX Venture to allow BanQu…

Binance ties SAFU fund to USDC: Is the fund missing out on potential gains?
Binance has exchanged a diversified $1 billion crypto portfolio in SAFU funds into USD Coin.

Seven firms in Japan deploy blockchain to digitize trade paperwork
A new trade management platform in Japan prevents data tampering using blockchain technology. 551 Total views 12 Total shares According to an Oct. 26 report by Japanese news agency The Nikkei, seven Japanese companies are preparing to invest in a new trade data management system. Reportedly developed by NTT Data, the platform uses blockchain technology…

Ethereum price technicals hint at 35% gains versus Bitcoin in 2023
Ethereum’s native token, Ether (ETH), could grow by 35% versus Bitcoin (BTC) this year to hit 0.1 BTC for the first time since 2018 as it forms a classic bullish continuation pattern.Ethereum price must first break key resistanceDubbed an ascending triangle, the pattern forms when the price fluctuates inside a range defined by rising trendline support…

UK Standards Institution Partners With Blockchain Startup for Supply Chain Compliance
The United Kingdom’s national standards body, the British Standards Institution (BSI), has partnered with blockchain company OriginTrail to increase supply chain transparency. The partnership was reported in a Jan. 24 press release.BSI, which has operated since 1901 and had a reported revenue in 2017 of 473 million GBP (about $616 million), says it wants to…

MiCA and ToFR: The EU moves to regulate the crypto-asset market
On the last day of June, the European Union reached an agreement on how to regulate the crypto-asset industry, giving the green light to Markets in Crypto-Assets (MiCA), the EU's main legislative proposal to oversee the industry in its 27 member countries. A day earlier, on June 29, lawmakers in the member states of the…